Because you are a PMP with 19 years of manufacturing experience, you have been awarded a one-year, fixed-price contract to lead a project to design and build electric bicycles. These new bicycles will use nucleovoltaic cells. The chief scientist at the company informs you that the nucleovoltaic cell is already being sold by another country in Europe. The board of directors has decided to buy the new technology, not make it. Your project is canceled—today. What is the next thing you should do?

Includes questions from the following tasks:     Task 1 Obtain final acceptance of the project deliverables from relevant stakeholders in order to confirm that project scope and deliverables were achieved.     Task 2 Transfer the ownership of deliverables to the assigned stakeholders in accordance with the project plan in order to facilitate project closure.     Task 3 Obtain financial, legal, and administrative closure using generally accepted practices and policies in order to communicate formal project closure and ensure transfer of liability.     Task 4 Prepare and share the final... Show more

Includes questions from the following tasks:    
Task 1 Obtain final acceptance of the project deliverables from relevant stakeholders in order to confirm that project scope and deliverables were achieved.    
Task 2 Transfer the ownership of deliverables to the assigned stakeholders in accordance with the project plan in order to facilitate project closure.    
Task 3 Obtain financial, legal, and administrative closure using generally accepted practices and policies in order to communicate formal project closure and ensure transfer of liability.    
Task 4 Prepare and share the final project report according to the communications management plan in order to document and convey project performance and assist in project evaluation.    
Task 5 Collate lessons learned that were documented throughout the project and conduct a comprehensive project review in order to update the organization’s knowledge base.    
Task 6 Archive project documents and materials using generally accepted practices in order to comply with statutory requirements and for potential use in future projects and audits.    
Task 7 Obtain feedback from relevant stakeholders using appropriate tools and techniques and based on the stakeholder management plan in order to evaluate their satisfaction.    

The Closing domain accounts for 7% (14) of the questions on the PMP exam. 

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